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Compute the change in sales due to volume factor

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Reference no: EM132786405

Question - The gross margin of Betty corporation for each of the years ended dec 31 2020 and 2021 were as follows:

2021

Sales 540,000

Cost of Sales 283,500

Gross Margin 256,500

2020

Sales 500,000

Cost of sales 300,000

Gross Margin 200,000

2021 selling price were 20% higher than 2020. Compute the change in sales due to volume factor?

Reference no: EM132786405

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